A socially responsible investment (SRI) is an investment in companies based on social and environmental criteria. The investment is considered socially responsible according to the nature of the business, favouring companies engaging in environmental sustainability and clean energy for instance, and avoiding companies promoting addictive substances such as alcohol or tobacco.
A swap is an arrangement between two entities who agree to exchange streams of cash flows on different dates with a specified term. Cash flows can be certain or optional, amounts can be known in advance or variable, payment currencies can be multiple. Examples of swaps:
Investments in the aforementioned fund are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding.